Singapore is the ideal destination for companies considering to expand their operations into Southeast Asia and beyond.Singapore has been consistently ranked as the most preferred country for finance, business and commerce. This can be attributed to its strategic location, pro-business environment and stable political atmosphere. Neighbouring Asian cities can be easily accessed from Singapore. This enables Singapore to be an excellent springboard for business expansion in the region.
Companies looking towards Singapore can easily establish their regional or operational headquarters here and even use this location as an R&D and intellectual property platform. With low corporate tax and interest rates, as well as the presence of over 70 tax treaties with other countries, business costs are kept low. The nation also does not have foreign exchange controls. This makes it easier for investors to deal with foreign exchange risk. Corporate governance risk is also minimised with a transparent government and the authorities’ backing to promote world-class practices.